
Japanese and Australian markets mostly rise following choppy trade on Wall Street; most Asian markets closed for holiday
2025-05-01 09:51:13 source:CNBC
April 30, 2025
Japanese and Australian markets rose in choppy trade Thursday after swings on Wall Street overnight, as data pointing to a contraction in the U.S. economy in the first quarter heightened investors’ fears of a looming recession.
Several Asia-Pacific markets, including South Korea, Hong Kong, China and India were closed for the Labor Day holiday.
Japan’s benchmark Nikkei 225 increased by 0.34% in choppy trade while the broader Topix index was flat.
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